10 Bed Rehabilitation Health Facility W/Real Estate For Sale

If you are looking for a turn-key business that consists of 10 Bed Home in the Heart of Mesa that are owned and not leased with all the state requirements fulfilled and up to code then look no further. The home is fully licensed and up to code and the company's management is fully staffed and will transition with the new ownership if the new ownership wants to retain the management. This home consists of 10 beds and the owner has already once activated the home to test run the systems and everything worked perfect according to the Seller. Right now all the beds are available and it needs a new owner to flip the switch. Due to the Seller's health issues and needing to move and the extended time it took to get everything they needed with the State in order to be fully permitted and approved, the Seller has chosen to liquidate their position at asset prices and give the Buyer a great turn-key opportunity at cost. Once you inquire you will receive information on the home and current loan terms, projected financials, along with any other relevant information. The Seller is open to the Buyer assuming the loans currently held which are non-recourse and non-reporting so you can come in with less money down. The company offer clients group sessions, psychiatric services, community resources, treatment services, urine analysis, life skill engagement and integration of the 12 step program. The residential setting gives you an edge to make client feel more comfortable on the their stages of recovery rather than a medical office or a commercial large building setting. The increase demand of rehab/recovery services ensures stability over the years on your investment. This is your chance to get in early and build upon an already turn-key operation as the company wrapped up the licensing and build-out for all the homes recently. The business included $1,350,000 worth of real estate and over $200,000 worth of FF&E/Licensing/Business Assets in the price. Seller currently has a mortgage balance at around $770,000 at 10% interest only which is also non-recourse, non-reporting with no pre-payment penalty and is assumable so you need to come in with $220,000 down and assume the loan or you can purchase outright at the list price and the homes will be free and clear at closing. Hurry this will go quick, especially since all the hard work of licensing each property has been completed and priced below pure asset value.